Topic

Business

Companies, funding, trade and jobs.

Motorbikes, cars and a hand cart on a busy street in Lagos, Nigeria
Business

Nigeria’s Central Bank mandates bank linkage for all crypto P2P payments

Nigeria’s Central Bank requires all cryptocurrency peer-to-peer transactions to be linked to verified bank payments under new rules.

Bank staff helping a customer
AI

Absa cuts debt review time from four days to one using AI

Absa uses AI to reduce debt review application processing from four days to one, improving efficiency and customer experience.

A business team at work
AI

Ocient raises $100m to boost enterprise agentic AI platform

Chicago-based Ocient secured $100 million in Series C funding to accelerate its AI data analytics platform for large-scale enterprise use.

Household appliances in a home kitchen
AI

AI-powered appliances face infrastructure hurdles in Africa

Unstable power and limited internet access could delay AI appliance adoption in Africa, despite growing interest from manufacturers.

A freight truck on the highway
AI

Humble Robotics raises $51 million to develop autonomous freight trucks

Humble Robotics secured $51 million in Series A funding to advance autonomous electric trucks for regional freight, aiming for a 2027 commercial launch.

African tech startup team working in an office
Tech

African startups use US for fundraising, UK for licences, UAE for operations

A study of 100 African tech firms shows US leads in incorporation, UK in licences and teams, UAE in operations.

Insurance staff at work in an office
AI

Kalepa raises $75m to expand AI insurance software

Kalepa secured $75 million in Series B funding to grow its AI platform for insurance underwriting and enter new markets.

Young people working together on a laptop outdoors on a university campus
AI

Kenya leads East Africa in youth AI readiness, ranks 22nd in Commonwealth

Kenya tops East African Community countries in youth AI readiness, scoring 48.7 and ranking 22nd among 56 Commonwealth nations.

Software developers coding together
Tech

Web3Bridge shifts focus from developer training to startup incubation

After seven years training blockchain developers, Nigerian firm Web3Bridge launches a founder residency to support African tech startups.

Someone working securely on a laptop
AI

Sentra raises $150 million to secure enterprise data from AI agents

Sentra has raised $150 million led by Capital One Ventures to protect enterprise data from AI agents. Its platform identifies sensitive data and restricts...

South Africa satellites
Tech

South African manufacturer scales output for global satellite industry

A Somerset West company is scaling production for the global space industry, with hardware already used on over 2,500 satellite missions worldwide.

rare earths project
Business

US backs Phalaborwa rare earths project with $50 million

The rare earths project in Phalaborwa receives $50 million investment to support a sustainable mineral supply chain.

Great Green Wall
Environment

Great Green Wall post frames Africa’s land restoration drive

The Great Green Wall is transforming the Sahel with its efforts against land degradation and promoting sustainable development.

South Africa China trade
Business

South Africa Secures Duty-Free Access to China Under CAEPA From May 2026

South Africa has signed a new trade deal with China to help local products reach more buyers overseas.

Quantum Internet SouthAfrica
Tech

Wits Physicist Advances Quantum Internet Project in South Africa

South Africa’s quantum internet project led by Wits physicist Andrew Forbes could transform national infrastructure, offering speeds millions of times faster than today.

toxic e‑waste dumping
Tech

Kenya and Ghana Confront Toxic E‑Waste Dumping in Landmark Policy Brief

Examine the crisis of toxic e‑waste dumping in Kenya and Ghana and the urgent need for enforcement of recycling laws.

Africa NCD surveillance
Health

Africa CDC Launches SPARK–NCD Programme to Confront Rising Burden of Chronic Diseases

The Africa NCD surveillance initiative responds to critical health challenges like hypertension and diabetes via the SPARK-NCD Programme.

World TB Day
Health

WHO Issues New Guidelines on Diagnostic Tools to Accelerate TB Detection

World TB Day highlights the urgent need for better diagnostics. Discover the WHO's new guidelines for rapid tuberculosis detection.

World Bank funding
Environment

World Bank approves $240m for coastal protection and blue‑economy jobs in Benin and Mauritania

World Bank funding of $240 million aims to strengthen coastal resilience and create jobs in Benin and Mauritania.

Tanzania’s National ICT Backbone into the Democratic Republic of the Congo
Tech

Tanzania Parliament Urges Acceleration of ICT Backbone to DR Congo

Tanzania’s Parliamentary Committee on Infrastructure has urged government to fast‑track the National ICT Backbone extension into DR Congo.

Mali gold revenue distribution
Business

Mali Shares $33 Million in Gold Revenue with Local Communities

Mali gold revenue distribution now directs $33 million to local communities for essential infrastructure projects.

Dangote Refinery
Business

Dangote Refinery to Host Africa’s Largest Detergent Feedstock Plant

Aliko Dangote announces Africa’s largest detergent feedstock plant at the Dangote Refinery, set to produce 400 000 tonnes of LAB annually.

4,300‑year‑old mummy
Tech

Archaeologists in Egypt have uncovered a 4,300‑year‑old intact mummy at Saqqara

Archaeologists uncover a 4,300‑year‑old intact mummy at Saqqara. The discovery has people debating on grave ethics and cultural preservation. #Egypt #Saqqara #Archaeology

Lobito Corridor records first copper shipment from DRC
Business

Lobito Corridor records first 99.7% pure copper shipment from DRC

The Lobito Corridor has completed its first 99.7% pure copper shipment from the DRC, signalling a major shift in African mining logistics.

R581bn electronics giant Haier launches in South Africa
Business

R581bn electronics giant Haier launches in South Africa

Haier South Africa launch marks the entry of a global appliance leader into the competitive South African market.

Ouagadougou highway
Business

Burkina Faso Completes First Phase of Ouagadougou–Bobo Dioulasso Highway

Burkina Faso completes Phase I of the Ouagadougou–Bobo Dioulasso highway. 332 km of right‑of‑way cleared in 60 days.

China will remove tariffs on most imports from 53 African countries starting May 2026.
Business

China to Remove Tariffs on Most African Imports in Major Trade Shift

China Africa tariff removal brings opportunities and concerns. Understand the impact on African exports to China before May 1.

Access to electricity in Africa
Environment

Access to electricity in Africa through solar micro-grids

Access to electricity in Africa is advancing with solar micro-grids, offering new solutions for towns, villages and businesses.

Africa rare earths project
Business

Africa rare earths project secures $20m state backing

The Africa rare earths project in Northern Cape gets $20 million investment to support critical mineral production by 2030.

Nigeria global growth to overtake South Africa in 2026
Business

Nigeria to overtake South Africa in global growth contribution

Nigeria is projected to become Africa’s top contributor to global economic growth in 2026. New IMF estimates show Nigeria rising ahead of South Africa.

Ghana cocoa export earnings more than double in 2025
Business

Ghana’s cocoa export earnings surge to $3.9bn in 2025

Ghana’s cocoa export earnings surged to $3.9bn in 2025, more than double 2024 levels, driven by higher prices and export volumes.

Zanzibar electric buses
Tech

Zanzibar receives first 10 electric buses at Malindi Port

Zanzibar electric buses arrive, marking the start of the Zan Bus project aimed at modernizing public transport in Zanzibar.

World Internet Conference Addis Ababa
Tech

Addis Ababa to host World Internet Conference in September, first time outside China

World Internet Conference Addis Ababa will host the global tech summit in September, the first time the event is held outside China.

Bugesera International Airport Rwanda
Business

Bugesera International Airport: Rwanda’s $2 Billion Bet on Aviation

Rwanda invests $499 million to accelerate Bugesera International Airport, a $2 billion project with Qatar Airways.

Ethiopian Airlines Boeing 787 Dreamliner order
Business

Ethiopian Airlines Expands Fleet with Nine New Boeing 787 Dreamliners

Ethiopian Airlines confirms order of nine Boeing 787 Dreamliners to boost long-haul travel and modernise fleet.

Construction of Morocco car tire factory in Driouch
Business

Morocco breaks ground on Africa’s largest car tire factory in Driouch

Morocco has started building what will become Africa’s largest car tire factory. Work is underway in the Betoya Industrial Acceleration Zone in Driouch province.

Telecom Namibia network upgrades
Tech

Telecom Namibia announces N$2.3 billion investment to upgrade national network

Telecom Namibia network upgrades will receive N$2.3 billion to expand fibre, improve mobile speeds and cut telecom prices in 2026.

Chery takeover of the Rosslyn plant in Pretoria.
Business

CHERY TAKES OVER NISSAN’S ROSSLYN PLANT AS LOCAL MANUFACTURING SHIFTS

Chery takes over Rosslyn plant, transforming South Africa's automotive industry and ensuring job security for employees.

Ghana multidimensional poverty rate decline living conditions
Business

Ghana’s multidimensional poverty rate falls for third consecutive quarter

Ghana's multidimensional poverty rate continues to decline. Discover the latest statistics and improvements in living conditions.

Africa adopts AI-driven healthcare as Gates, OpenAI back $50m rollout
AI

Africa adopts AI-driven healthcare as Gates, OpenAI back $50m rollout

Africa is scaling AI-driven healthcare as the Gates Foundation and OpenAI launch a $50m programme targeting clinics and workforce shortages.

Ghana to refine gold locally in bid to capture more value
Business

Ghana to refine gold locally in bid to capture more value

Ghana plans to refine gold locally from February 2026 to boost exports, jobs and revenue as it moves away from raw gold shipments.

Gold bars prepared for export in Uganda after record surge
Business

Gold overtakes coffee as Uganda’s top export after 76% surge to $5.8bn

Uganda’s export profile has undergone a major shift after gold exports jumped 76% in 2025 to $5.8 billion , overtaking coffee as the country’s largest source of foreign‑exchange earnings.

Africa’s largest plastic recycler
Environment

Africa’s biggest plastic recycler to build $60m Nigeria plant for 100,000‑tonne waste stream

Africa’s largest plastic recycler invests $60m in a Nigeria plant to process 100,000 tonnes a year and make food‑grade rPET by July 2026.

AI for African languages
AI

Masakhane Hub Announces Funding to Boost AI for 50 African Languages

Masakhane Hub launches funding to support AI datasets for 50 African languages and improve digital inclusion across the continent.

Vodacom named Africa's Top Employer for third year running
Business

Vodacom named Africa's Top Employer for third year running

Vodacom Group named Africa’s Top Employer for a third consecutive year by the Top Employers Institute, recognised for innovation and ethical AI.

brics africa economy
Business

The BRICS Shift: Africa’s Place in a Changing Global Economy

Africa is entering a decisive moment in global economics. For decades, international trade has been shaped by institutions and systems largely centred around Western economies.

BRICS Pay: What it is and how it works
Business

BRICS Pay: What it is and how it works

BRICS Pay is a digital system that lets BRICS nations make cross‑border payments using their own currencies.

Cameroonians turn to eco‑charcoal as clean cooking gains momentum
Environment

Cameroonians turn to eco‑charcoal as clean cooking gains momentum

Eco‑charcoal is gaining ground in Cameroon as households seek cleaner, safer and more sustainable cooking alternatives amid deforestation and health risks.

Ethiopian Airlines
Business

Ethiopia Begins Building Africa’s Largest Airport in Bishoftu

Ethiopia has begun building Bishoftu International Airport, set to handle up to 110 million passengers a year and become Africa’s largest aviation hub.